Apparently it is legit, as our own PS3 Devs also confirmed on IRC that there is a "pspemu" folder already in PS3 Debug Firmware 3.10.
Wow no way lol. i still think they might charge, or the "premium Playstation network" could be involved, then again it could be as free as a new firmware update
Indeed hehe.. one of the Devs said he may take a pic of it later today and share it here for those who'd just like to see it.
Love it!! I used to link up my PSP with my HD TV. The graphics was not that great but games were playable. Perhaps they will put in a lil something to better the image quality playing it through the PS3.
I can't wat for this "rumour" to become "fact."
It already has, read a few posts above... the evidence was found in Sony's 3.10 Debug Firmware by the Devs. Of course like the PS3 Slim, Sony won't admit this until it fits into their agenda to do so.
Great news, theres a few titles of the psp that i always wanted to play.. (i dont have $$ for a psp yet... damn)